The balance sheet under French standards, translated into English

A company’s balance sheet is an extremely important document; it gives a true picture of the company’s financial situation on the date chosen to close the accounts. This document is therefore essential for a large number of operations (business evaluation, financing requests, etc.) or for certain decision-making processes such as an investment or development project. It also turns out to be an alarm when the company’s situation deteriorates.

Therefore, business leaders operating in France must be able to read and interpret their balance sheet. This is why we are publishing below a sample balance sheet to which we have added the text for each line in English, in red fonts.

The French accounting system is based on a nomenclature of numerically classified accounts (accounting plan – ANCC no. 2022-06). The detailed balance sheet presented below does not include all the accounts in the accounting plan. However, we have subdivided certain accounts, as permitted by regulations, in order to individualize certain items.

Click here to access the balance sheet